Mr McCann “welcomed" NSW planning minister
Brad Hazzard
’s comments on the importance of the project, as well as the state’s commitment to a “short, sharp review" of the processes undertaken.

“It will create certainty for the project and will enable the state government to engage and understand the quality and merit of Lend Lease’s proposed plans," Mr McCann said yesterday. “We are very confident of the quality of the project and the integrity of the processes we have undertaken."

He reminded investors required approvals had been secured for the master plan, remediation work and the first office tower and that preparation continued on-site.

“We are on program to commence construction on the basement from late June and then building by Christmas, which will enable the first occupancy by the end of 2014. Detailed negotiations are under way, as we flagged previously, with major tenants and capital partners."